Reliance Industries Gets Rs 56.44 Crore GST Penalty u/s 74, To Appeal ITC Interpretation

Last updated: 01 December 2025


Mukesh Ambani-led Reliance Industries Ltd (RIL) has been hit with a GST penalty of Rs 56.44 crore by the Joint Commissioner of Central GST, Ahmedabad. The company said it will challenge the order, which relates to the interpretation of blocked ITCunder the GST framework. RIL Disputes Interpretation
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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